Pakistan, Denmark forge $2 billion maritime partnership to modernize ports

Celina Ali Islamabad: Pakistan and Denmark this week announced a significant partnership worth $2 billion to modernize the country’s maritime infrastructure. This collaboration aims to improve port operations and enhance global trade competitiveness. The announcement came during a meeting between Federal Minister for Maritime Affairs Junaid Anwar Chaudhry and Danish Ambassador Jakob Linulf. They agreed […]

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Revisit ‘Beijing Consensus’ to navigate challenges

Yang Xuedong Currently, economic globalization is facing strong headwinds. The “Washington Consensus,” once promoted by the US and other Western countries as the standard model for development, has not only lost its appeal among many developing nations but has also proven ineffective in addressing internal challenges within developed countries. Amid growing discussions about finding solutions […]

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What signals does Spanish Prime Minister’s visit to China send?

Global Times President Xi Jinping met with visiting Spanish Prime Minister Pedro Sanchez in Beijing on Friday. This marks Sanchez’s third visit to China within three years, highlighting Madrid’s emphasis to deepening China-Spain relations and representing the continuation of the friendly policies toward China from many European countries. Sources from the Spanish government revealed that […]

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MoC signed to deepen China-Pakistan cooperation in cotton research

China Economic Net Beijing: A Memorandum of Cooperation was signed by the institute of Cotton Research of Chinese Academy of Agricultural Sciences (ICR-CAAS) and Ayub Agricultural Research Institute, Faisalabad, Pakistan, in Anyang, Henan, China recently aiming to launch comprehensive cooperation in cotton germplasm innovation, pest-resistant breeding, and cultivation technologies. Under the new agreement, both sides […]

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What is the ETA? European travellers need €12 entry permit to visit the UK starting this week

Newswire Brussels: The UK’s Electronic Travel Authorisation (ETA) system has officially expanded to European travellers. Starting 2 April 2025, all European visitors will need ETA approval – or, for some non-EU nationals, a visa – to enter the UK. The system became mandatory for travellers from the US, Canada and Australia on 8 January 2025, […]

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Germany introduces new visa appointment system in Pakistan

Karachi: Germany’s Consulate General in Karachi this week implemented a significant change to its visa appointment system, effective immediately. Due to overwhelming demand, applicants will no longer be able to book appointments directly. Instead, they must first register on a waiting list, with appointments being allocated based on availability and registration order. The change specifically […]

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Pakistan unveils salt-themed pavilion for Expo 2025 Osaka to boost exports

Celina ali Islamabad: Pakistan unveiled its national pavilion for Expo 2025 Osaka at a soft launch event in Kobe, said the country’s trade development authority this week, featuring a design inspired by the country’s iconic salt mines amid a broader effort to promote exports of its globally appreciated pink salt. The pavilion, themed “Universe in […]

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Why the China-Japan-South Korea dialogue matters to the world

Global Times In a world increasingly shaped by fractured alliances, three Asian neighbors – China, Japan, and South Korea – have quietly revived a long-dormant trilateral dialogue. The 13th China-Japan-ROK Trilateral Economic and Trade Ministers’ Meeting was held in Seoul recently. Their foreign ministers also met in Tokyo on March 22 for the first time […]

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France’s Macron calls for suspension of investment in US after tariffs

Paris: French President Emmanuel Macron this week called for European companies to suspend planned investment in the United States after U.S. President Donald Trump announced sweeping global tariffs on American imports. “Investments to come or investments announced in recent weeks should be suspended until things are clarified with the United States,” Macron said during a […]

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Pakistan-Denmark strengthen energy ties: Danish expertise to boost mining, green investments

Celina Ali Islamabad: Federal Minister for Petroleum, Ali Pervaiz Malik, held a meeting with His Excellency Jakob Linulf, the Ambassador of Denmark to Pakistan, this week at the Petroleum Division. The discussions focused on enhancing bilateral cooperation in the energy sector, with special emphasis on mining sector and technological collaboration. The meeting highlighted the critical […]

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In a first, Pakistan begins exporting cars to Japan

Celina Ali Islamabad: Honda Atlas Pakistan has made history by initiating exports of completely built cars to Japan, marking a significant milestone for Pakistan’s automotive industry. Special Assistant to the Prime Minister for Industries & Production Division, Haroon Akhtar Khan, this week participated as the chief guest in a ribbon-cutting ceremony marking the official commencement […]

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Production of traditional Chinese medicinal materials grows steadily

Henan Daily Zhengzhou: China’s production of traditional Chinese medicinal materials has maintained stable growth in recent years, an agricultural official said this week. The supply capacity of traditional Chinese medicine materials has continued to climb. The planting areas have now reached around 50 million mu (3.33 million hectares) across China, doubling over the past decade, […]

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Sea-rail direct transport boosts global reach for ‘Made in Henan’ products

Henan Daily Zhengzhou: With a resounding whistle, a container train carrying leather goods set off from Putian Railway Station in Zhengzhou this week. After reaching Qingdao Port by rail, the goods will seamlessly transition to a maritime route bound for Spain, where they will be shipped to the European market. “It’s the first time Henan […]

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Pakistan and Denmark discuss $2 billion maritime investment

Celina Ali Islamabad: Pakistan and Denmark this week reviewed the progress of Denmark’s $2 billion investment in Pakistan’s maritime sector. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry met with Danish Ambassador Jacob Linulf to discuss the project. They focused on implementing the Memorandum of Understanding (MoU) signed last year. Both sides emphasized the […]

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Bulgaria’s producer prices surge to second-highest in EU in early 2025

Newswire Sofia: Producer prices in Bulgaria this week saw significant growth at the beginning of 2025, positioning the country among the fastest-growing in the European Union. According to Eurostat data, Bulgaria recorded the second-highest increase in producer prices within the EU in January 2025. Producer prices across the euro area and the EU increased more […]

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Shaping crypto policy: Italy aligns with EU and US shifts

Newswire Rome: Italy is advancing its crypto regulatory framework through Legislative Decree 129/2024, aligning domestic law with the EU’s MiCAR. With enforcement set for June 2025 and oversight by Consob and the Bank of Italy, the initiative aims to balance innovation and risk, mirroring similar shifts in Washington Driving the future. Italy is moving decisively […]

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Zhengzhou’s efforts on becoming international consumption center city

Henan Daily Zhangzhou: In its bid to become an international consumption center city, Zhengzhou city, capital of Central China’s Henan province, is focusing on the development of new consumption spaces, scenarios, models and growth drivers. Large commercial complexes play a pivotal role as significant consumption hubs. Over the past two years, Zhengzhou has continuously driven […]

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Tongwei signs 650MW solar module supply agreement with leading Pakistani companies

Mia Shah – Gwadar Pro Beijing: Recently, Tongwei Group entered into a strategic cooperation agreement with three Pakistani companies—Perfect Services, Nimir Energy, and Mateen Sons—for the supply of 650 MW of solar modules. This collaboration emphasizes Tongwei’s high-efficiency TNC-G12/G12R modules. According to the International Renewable Energy Agency, Pakistan receives over 3,000 hours of sunlight each […]

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Henan handles 303 China-Europe freight trains in Jan

Henan Daily Zhengzhou: In the first month of 2025, Henan Zhongyu International Port Group operated 303 China-Europe freight trains, transporting goods worth approximately $490 million with a total weight of about 385,000 tons. This marks the highest January record in the company’s history, laying a solid foundation for high-quality development in the new year and […]

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France opens probe into Musk’s X over algorithm

Newswire Paris: French investigators have opened a probe into social media platform X over allegations that the company owned by billionaire Elon Musk manipulated its algorithm, the Paris public prosecutor’s office said on Friday. In a written response to POLITICO, the prosecutor’s office said the investigation followed a “report from a member of parliament dated […]

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Denmark to halt offshore wind tenders to revamp subsidy model

Copenhagen: Denmark will halt all ongoing offshore wind tenders as the existing framework where no subsidies are offered does not work under current market conditions, its energy minister said this week. The global offshore wind industry has been hit by surging costs, rising interest rates and supply chain bottlenecks. Denmark said in December that its […]

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China’s railways see over 200 million passengers since start of Spring Festival rush

Henan Daily Zhengzhou: China’s railways have transported over 200 million passengers since the 40-day Spring Festival travel rush kicked off on Jan. 14, China State Railway Group Co., Ltd. (China Railway) said. As of Jan. 30, the country’s railways had transported a total of 206 million passengers, according to the China Railway. The transportation was […]

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Trump ready for trade deal with China, calls talks with President Xi ‘friendly’

Newswire Washington: US President Donald Trump this week said his conversation with Chinese President Xi Jinping was friendly and he thought he could reach a trade deal with China. The leaders of the world’s two biggest economies discussed issues including TikTok, trade and Taiwan in a phone call before Trump took office. Since taking office, […]

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Henan’s foreign trade increasingly resilient: Foreign trade value hits 820 billion in 2024

Henan Daily Zhengzhou: In 2024, the total import and export value of foreign trade in Central China’s Henan province reached 820.17 billion yuan, ranking among the top 10 nationwide for five consecutive years, with a year-on-year increase of 1.2 percent, reflecting resilience and momentum for sustained development, according to Zhengzhou Customs on January 16. In […]

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China: Consistent progress seen in environmental protection

Henan Daily Zhengzhou: Despite facing challenges in environmental protection amid efforts to boost its economic recovery, China has made consistent progress over the past year, the Ministry of Ecology and Environment said. In 2024, the average density of PM2.5 particulate matter in the country’s 339 major cities was 29.3 micrograms per cubic meter, down 2.7 […]

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China’s home appliance sales surge in 2024 under trade-in scheme

China Economic Net Beijing: China’s sales of home appliances surged in 2024 under its policy-backed trade-in program, according to the Ministry of Commerce (MOC). Retail sales of home appliances and audio and visual equipment under the scheme reached 1.03 trillion yuan (about 143.29 billion U.S. dollars) in 2024, according to data from the National Bureau […]

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The cost of living and real estate landscape in Italy

Newswire Rome: Italy has always been a highly desired location for tourism, residence and property purchase. With its picturesque landscapes, artistic and cultural importance, and rich history, it checks the boxes for many expats. Foreigners are also drawn to the mild Mediterranean climate and lower cost of living, making Italy a popular destination for retirees. […]

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China to boost consumption, expand imports in 2025

Henan Daily Zhengzhou: China will further implement the special campaign to stimulate consumption, actively expand imports and attract foreign investment this year, according to a national commerce work conference held in Beijing this week. The country will step up efforts to implement the consumer goods trade-in program, according to the meeting. More diversified consumption scenarios […]

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Henan’s inbound mail services go mobile with one-stop platform trial

Henan Daily Zhengzhou: “The online system allows users to complete various operations, such as supplementary declarations and tax payments. Once the customs review is approved, tax payment can be processed online, all without any fees.” On January 6, Mr. Tian, the recipient of an international mail item, completed the process with the remote directions from […]

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Henan’s tourism revenue exceeds 1 trillion yuan in 2024

Henan Daily Zhengzhou: On January 6, the Information Office of the People’s Government of Henan Province held a press conference. Huang Dongsheng, director-general of the Department of Culture and Tourism of Henan Province, highlighted at the conference that the year 2024 witnessed significant growth in the province’s cultural and tourism sectors. For the first time, […]

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